realestate

New Jersey estate features serene private lakefront property for sale

Private 96-acre estate features a serene 18-acre lake.

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96-acre estate in Wantage features a private 18-acre lake stocked with large mouth bass, perfect for jet skiing, boating, and fishing. The property includes a barn, greenhouse, and a 2,000 square foot contemporary ranch home built in the 1970s. With four bedrooms on the main level and two more on the lower level, as well as multiple bathrooms, this estate offers ample space for relaxation and entertainment.

    The lake is considered the crown jewel of the property, according to listing agent Michael John Ganguzza of Re/Max Platinum Group. "You can't really build lakes any more on private property," he said, noting that it's a rare feature in today's real estate market. The property also boasts apple and pear orchards, with southeast-facing hills ideal for growing.

    Wantage is a rural area in Sussex County where the minimum lot size is about 5 acres, making this 96-acre property a unique find. Ganguzza estimates that only one or two properties of this size sell per year in the area. The home would be suitable for someone looking to get into hobby farming, a second home, or even starting a winery.

    Located about 10 minutes from the Borough of Sussex and 15 minutes from Newtown, the property offers easy access to restaurants, shopping, and entertainment. With a median sales price of $435,000 in Wantage as of August, this estate is listed for sale at $3,380,000.

Private lakefront estate in New Jersey offers serene waterfront scenery and luxury living.